Apartment deals, mergers and acquisitions
Tag: Deal Boom
CGI Strategies acquires Hollywood area apartment community for $20.15 million
CGI Strategies has acquired Parkwood Apartments, a 78-unit multifamily community in the Los Feliz neighborhood of Los Angeles for $20.15 million, capping an active...
MassHousing to provide $2.1 million in workforce housing financing for new rental housing community...
MassHousing is providing $2.1 million in affordable housing financing from the Agency’s Workforce Housing Initiative to support the development of 233 Hancock, a 36-unit...
Construction is underway for Phase II of the Orient Heights Public Housing Redevelopment in...
Construction is underway for the second phase of the redevelopment of the Orient Heights public housing community in East Boston. MassHousing is supporting the...
Rare 66-unit apartment assemblage in Newport Beach, California sells for $30,554,000
Dover Heights Apartment Homes, located in Newport Beach, California, have sold for $30,554,000 which are historic numbers of $463,000 per unit and $474 per...
FRP Development Corp and MRP Realty joint venture to develop Bryant Street in NE...
MRP Realty, developers of commercial, residential, and mixed-use real estate across the Mid-Atlantic region, and FRP Development Corp, Inc., a full-service real estate company,...
Taylor Morrison Bay Area opens 6Sixty a new community in Mountain View, CA
Taylor Morrison, a leading national builder and developer, is meeting the demand for next level living with a new community in Mountain View, California....
Levin Johnston directs one-acre multifamily acquisition in Mountain View, California
Levin Johnston of Marcus and Millichap, one of the top multifamily brokerage teams in the U.S. specializing in wealth management through commercial real estate...
Merchants Capital secures first-ever Freddie Mac non-LIHTC Forward Commitment financing for $19.7M affordable housing...
Mortgage banking firm Merchants Capital has secured financing for the development of a $19.7 million mixed-income workforce housing community in Rochester, Minnesota. Merchants Capital secured the loan through the first-ever Freddie Mac Non-LIHTC...
$91.5 million Northern California apartment asset sold by IPA
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced today the sale of Sora Apartments, a 250-unit multifamily asset in Union City,...
IPA brokers $44 million East San Francisco Bay Area apartment asset sale
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced today the sale of The Mark, a 150-unit garden-style apartment complex in Hayward,...
Highpoint Property Group expands value-add portfolio with recent acquisition financing from Thorofare Capital
Thorofare Capital has provided a $15 million floating-rate first mortgage to Highpoint Property Group (Highpoint) to acquire, renovate and stabilize a mixed-use multifamily property...
TruAmerica Multifamily continues to build its Phoenix, AZ portfolio with acquisition of two Tempe...
TruAmerica Multifamily, in joint venture with an institutional capital partner, has acquired a two-property, 472-unit apartment portfolio in Tempe, AZ for $67.3 million increasing...
Prism Launches Dunellen Station with demolition of obsolete industrial facility
Prism Capital Partners has launched Dunellen Station, the redevelopment of the former Art Color industrial facility into a mixed-use, transit-oriented community. The Bloomfield, N.J.-based...
Marcus & Millichap arranges sale of apartment building in Chicago’s Wicker Park
Marcus & Millichap, a leading commercial real estate investment services firm with offices throughout the United States and Canada, today announced the sale of...
Nexus Commercial closed on the sale of Meadows Pointe and Aspen Creek Apartments
Nexus Commercial Realty, LLC, has closed on the sale of Meadows Pointe and Aspen Creek Apartments, a two-property portfolio in Colorado Springs that totals...